Starting from April this year, electricity tariffs will increase for half of Latvia’s households, Latvenergo, according to Board Member Uldis Bariss and the Ministry of Economics State Secretary Juris Pūce.

Along with the procurement price increase, the price of sweets, coffee, milk and dairy products has also surged; moreover, price gains are expected for tea and fish products as well, food retailers say.

I take full responsibility by solving the crisis situation currently at the police, the Minister of Interior comments upon the recent tragical events in a town of Latvia Jekabpils, at the same time dismissing the opinion she should resign.

This year, the state will have to direct more than half a billion of lats to the domestic and external debt repayment. In 2010, the government debt rose by 785.92 lats or 18.3%, amounting to 5.08 billion lats.

The year 2011 will be characterized by clients’ activity to change the outdated telecommunication devices to new, expensive and prestigious ones, the Chief Executive of the Latvian Telecommunications Association Jānis Lelis informs the business news portal BNN.

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